Is Marietta, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marietta is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Marietta has remained a Seller's Market.

Key Takeaway

Marietta is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Marietta, PA

How much do homes in Marietta, PA cost?

Median Sold Price

$299,000

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$28,750(+10.6%)

Key Takeaway

Homes in Marietta have sold for 10.6% more than they did a year ago.

Summary: The median home sold price in Marietta was $299,000 in May 2024, up 10.6% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$175K
N/A
2 $214K$255K
+19.2%
3 $270.2K$263K
-2.7%
4 $390K$415.9K
+6.6%
5+ $410K$345K
-15.9%

Summary: Marietta housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.2%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes decreased by 15.9%.

Median Sold Price Compared To Nearby Cities

Marietta
+10.6%
West Hempfield Township
+10.4%
East Donegal Township
+4.3%

Housing Supply in Marietta, PA

How many homes are available in Marietta, PA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1926+36.8%

Summary: The Marietta real estate market had 26 homes for sale in May 2024, a 36.8% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 611
+83.3%
4 89
+12.5%
5+ 24
+100.0%

Summary: The Marietta housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 83.3%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marietta, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Marietta in May 2024, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Marietta, PA

How long does it take to sell a home in Marietta, PA?

Average Sale Time

May 2023May 2024CHANGE
24 Days11 Days-55.1%

Summary: Homes in Marietta had an average of 11 days on market in May 2024, down by 55.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Marietta are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 5 homes were sold in Marietta; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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